BIFILOGO
BIFI beefyfinance
$308.57 +2.13%
Glob. Mkt Cap Rank: Unranked
2024-08-07:09:36:35update
24H High
:
2253.78
24H Turnover
:
511.59千万
Max Supply
:
0.0
24H TR
:
3.17%
24H Low
:
2161.96
24H Vol
:
2286.5
Curr. Issued
:
72000.0
24H High-Low
:
+4.25%
ATH
:
2.60千万
Highest Mkt Cap
:
1.62亿
Circulating Supply
:
72000.0
Dominance
:
0.00%
ATL
:
1758.72
Mkt Cap (Float)
:
1.62亿
Circulating Supply
:
90%
Issue Date
:
Introduction
Latest News
News Flash
Basic information
Currency Introduction

Beefy.Finance is a yield farming optimizer on the Binance Smart Chain that automates investment strategies using liquidity pools. The platform helps investors interact with various yield farming opportunities without having to constantly monitor and manually execute their investment strategies. It continuously explores new ways to optimize these strategies to ensure maximum returns.

BIFI is the native BEP-20 governance token of the platform, which has the following use cases:
Governance: By holding BIFI, whether staked in the governance pool or the BIFI Maxi vault, users have the right to create proposals and vote. Users do not need to withdraw their staked tokens to participate in voting.
Staking: A portion of the fees paid by Beefy.Finance’s yield pool users is distributed to holders of staked BIFI tokens in the governance pool and the BIFI Maxi Vault. Rewards are paid out in wBNB and BIFI, respectively.

The protocol includes the following main components:
Vaults: Vaults are investment tools that use a set of specific strategies for yield farming. Through automated investing and compounding, Vaults help achieve high levels of compound interest.
Strategies: Vault strategies are modular smart contracts that tell Vaults which assets to farm and where to sell them. Rewards are collected periodically, converted back into the original asset, and re-deposited for compounding.
Barn of Trust: The Barn of Trust provides users with opportunities to earn rewards across multiple dApp projects by staking TWT or BIFI in Vaults.

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Development History
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